West Virginia Gets China Energy Deal That Dwarfs State's GDP
- Focus will be on power generation, chemicals, gas storage
- Memorandum signed during President Trump’s visit to China
An abandoned house, right, stands in Logan, West Virginia.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
West Virginia was the biggest recipient of the $250 billion of investments signed during President Donald Trump’s visit to China.
China Energy Investment Corp. plans to invest $83.7 billion in shale gas development and chemical manufacturing projects in the state over two decades, according to a statement from the state’s Department of Commerce.